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  • Re: Getting msg saying "we are updating how sep and simple plan contributions are reported on the tax return based on new guidance from the irs check back later" help plz?
j4ranch
j4ranch
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Retirement tax questions

A SIMPLE 401k and a SIMPLE IRA  are 2 distinctly different retirement plans with different contribution rules.

I would hesitate modifying your employer issued W-2.

Individual Retirement Arrangements (IRAs)
Roth IRAs
401(k) Plans
SIMPLE 401(k) Plans
403(b) Plans
SIMPLE IRA Plans (Savings Incentive Match Plans for Employees)
SEP Plans (Simplified Employee Pension)
SARSEP Plans (Salary Reduction Simplified Employee Pension)
Payroll Deduction IRAs
Profit-Sharing Plans
Defined Benefit Plans
Money Purchase Plans
Employee Stock Ownership Plans (ESOPs)
Governmental Plans
457 Plans
Multiple Employer Plans

‎February 7, 2024 10:46 AM
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